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Apr 19, 2013
04/13
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we can develop such a bipartisan plan perhaps in a so-called grand bargain we could devise a balance deficit reduction package for one year that avoids sequestration in fy 2014. we simply cannot continue to ignore the effect of sequestration. sequestration will have a major impact on military personnel. though the pay of military personnel has been exempted, the sequester would reduce military readiness in the services for the troops including schools for military children, family support programs and transition assistance programs and mental health and other counseling programs. the president's budget request continues a major drawdown of active duty and reserve strength. we have in recent years given the department numinous force shaping authorities to allow it to reduce its strength in a responsible way ensuring that the services maintain the proper force mix and avoiding grade and occupational disparities, all of which have long term affect. if sequestration continues, the result would be ore pripitous foe structe that is ou of t the requirements of our defense strategy. sequestration ha
we can develop such a bipartisan plan perhaps in a so-called grand bargain we could devise a balance deficit reduction package for one year that avoids sequestration in fy 2014. we simply cannot continue to ignore the effect of sequestration. sequestration will have a major impact on military personnel. though the pay of military personnel has been exempted, the sequester would reduce military readiness in the services for the troops including schools for military children, family support...
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Apr 20, 2013
04/13
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CSPAN2
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now, some people can't understand what the trade deficit is, some will, but the trade deficit is the difference between what america exports and what we import so what it really means to say that we're $500 billion out of balance for the rest of the world is that we're consuming more than we produce to the tune of $500 billion a year. the reason that's true is the only place you can get goods to consume is you either make them yourself or import them from someplace else. this is another way in which the united states is living beyond its means. now, those remarks were to try to get you interested. people don't usually pay money to hear me speak. i assume you are all at least somewhat interested. if you look at free trade, once you understand there's an issue here with the trade situation, if any of you got a wallet on you, pull out a ten dollar bill. the guy on the ten dollar bill etary of the treasury, ca the intellectual architect of american capitalism, one of the founding father, and an envowed protectionist as was abraham lincoln, as was virtually every president prior to world
now, some people can't understand what the trade deficit is, some will, but the trade deficit is the difference between what america exports and what we import so what it really means to say that we're $500 billion out of balance for the rest of the world is that we're consuming more than we produce to the tune of $500 billion a year. the reason that's true is the only place you can get goods to consume is you either make them yourself or import them from someplace else. this is another way in...
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Apr 18, 2013
04/13
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weekend fix the budget that reduces the deficit by $1.2 trillion over 10 years and that would take a grand bargain including spending cuts and additional revenues. would turn off the automatic spending cuts and sequestration for those 10 years. i remain hopeful we can develop such a bipartisan plan but absent a so-called grand bargain, surely we could devise a balanced deficit reduction package for one year that avoid sequestration in fy2014. we simply cannot continue to ignore the effects of sequestration. sequestration will have a major impact on military personnel. the pay of military personnel has been exempt it will ask them -- for troops including schools, military children, family support programs and transition assistance programs and mental health and other counseling programs. the president's budget request continues the measure drawdown of active duty and present and strength. we have in recent years given the department numerous force shaping authorities to allow us to reduce the debt strength in a responsible way, ensuring that the service maintains the proper enforcemen
weekend fix the budget that reduces the deficit by $1.2 trillion over 10 years and that would take a grand bargain including spending cuts and additional revenues. would turn off the automatic spending cuts and sequestration for those 10 years. i remain hopeful we can develop such a bipartisan plan but absent a so-called grand bargain, surely we could devise a balanced deficit reduction package for one year that avoid sequestration in fy2014. we simply cannot continue to ignore the effects of...
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Apr 18, 2013
04/13
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CSPAN2
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you raise the age gradually 27862 thirds of the social security deficit. fix the remaining by testing the benefits. the president has occasionally sad he's for entitlement reform, but is not shown much leadership on this premise seems to benchmark per se, but any with him at least a 47 republican senators, we sat around a table that he and the vice president a year and half ago and i told them i think we should give people on both sides to essentially fix social security. .. into the federal employee benefits plan, federal health insurance plans so i said this is a democrat idea, this will be easy. i be easy. i will just go to john kerry and say let's use your idea and a friedel country but for senior citizens and let everybody of the federal employee health plan. i think the public would like it if they are still getting the same health plan is their congressman is and should be eminently sellable. similar to what paul ryan talks about give everybody the federal health employment plan. it saves 1 trillion over 10 years and actually according to our projec
you raise the age gradually 27862 thirds of the social security deficit. fix the remaining by testing the benefits. the president has occasionally sad he's for entitlement reform, but is not shown much leadership on this premise seems to benchmark per se, but any with him at least a 47 republican senators, we sat around a table that he and the vice president a year and half ago and i told them i think we should give people on both sides to essentially fix social security. .. into the federal...
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Apr 20, 2013
04/13
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FBC
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deficits in perpetuity. the president looking for easy within on gun control and has be pushing hard for krong to produce. the first major gun control legislation in two decades. but it's up clear what they can get through congress. they have a limit on magazine capacity have no chance of passage. the rest is purely window dressing on an issue that the untry takes farmore seriously than the presiden originally estimated. we will take it up tonight with senator ted cruz who emerged on the first year in washington as p with of his party's national leaders. the head of the national rifle assoation wayne lapierre joins us as well. other stories we're covering, north korean leader kim jong un taking the rhetoric to new highlights, issuing daily-threat against south korea. fox ws military analyst and four-star je jack keen ways -- general jack keen ways in. >> pat lea herby announcing he will hold a single hear,ne hearing on the gang of eight reform legislation next wednesday. we don't know what is it or when it w
deficits in perpetuity. the president looking for easy within on gun control and has be pushing hard for krong to produce. the first major gun control legislation in two decades. but it's up clear what they can get through congress. they have a limit on magazine capacity have no chance of passage. the rest is purely window dressing on an issue that the untry takes farmore seriously than the presiden originally estimated. we will take it up tonight with senator ted cruz who emerged on the first...
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Apr 19, 2013
04/13
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CSPAN2
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look, economics are fiscal situation, the deficit, the budget, are all threats to the security. there's a lot of physical seen and unseen threats out there that perhaps are different even from when admiral mullen made that comment. i align myself with the economic piece of it. there are just groups out there that threaten us. ? 0. >> thank you. it is important for us, i think to remember the president's budget despite proposing significant tax increases would still contemplate adding $12.db $2.5 trillion head by the total public. .. >> future years covered by the budget control act. will we continue to see budget that is ignore provisions, ignore the sequester provisions? can you expect budgets like that to be sent to congress that don't reflect the law? secretary hagel? >> the fy15 budget we'll present
look, economics are fiscal situation, the deficit, the budget, are all threats to the security. there's a lot of physical seen and unseen threats out there that perhaps are different even from when admiral mullen made that comment. i align myself with the economic piece of it. there are just groups out there that threaten us. ? 0. >> thank you. it is important for us, i think to remember the president's budget despite proposing significant tax increases would still contemplate adding...
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Apr 21, 2013
04/13
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FBC
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deficits in perpetuity. the president looking for easy within on gun control and has be pushing hard for krong to produce. the first major gun control legislation in two decades. but it's up clear what they can get through congress. they have a limit on magazine capacity have no chance of passage. the rest is purely window dressing on an issue that the country takes far more seriously than the president originally estimated. we will take it up tonight with senator ted cruz who emerged on the first year in washington as up with of his party's national leaders. the head of the national rifle association wayne lapierre joins us as well. other stories we're covering, north korean leader kim jong un taking the rhetoric to new highlights, issuing daily-threat against south korea. fox news military analyst and four-star jep jack keen ways -- general jack keen ways in. >> pat lea herby announcing he will hold a single hear, one hearing on the gang of eight reform legislation next wednesday. we don't know what is it
deficits in perpetuity. the president looking for easy within on gun control and has be pushing hard for krong to produce. the first major gun control legislation in two decades. but it's up clear what they can get through congress. they have a limit on magazine capacity have no chance of passage. the rest is purely window dressing on an issue that the country takes far more seriously than the president originally estimated. we will take it up tonight with senator ted cruz who emerged on the...
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Apr 23, 2013
04/13
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KCSM
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as they aim to turn its primary balance deficit into a surplus by 2020, prime minister abe has ordered them to come up with a clear road map to tackle the problem. they want to include this in the government's mid to long term economic and fiscal policies to be compiled by around june. the prime minister made the comment at a meeting of council on economic and fiscal policy held on monday. it came after council members from the private sector said in the meeting that the government's effort to make the finances healthy are essential. they said this is to ease concerns that the bank of japan is taking over the country's debt as the central bank boosts purchased. the members urge them to use funds from the private sector as well as to promote reforms on medical nursing systems. >>> bold monetary easing measures by japan's central bank are starting to have an effect on the country's constitutiinst investors. the yield falls on japanese government debt. officials reveal how to plan to manage funds for fiscal 2013 which started this month. they say they will boost their investments by $10 b
as they aim to turn its primary balance deficit into a surplus by 2020, prime minister abe has ordered them to come up with a clear road map to tackle the problem. they want to include this in the government's mid to long term economic and fiscal policies to be compiled by around june. the prime minister made the comment at a meeting of council on economic and fiscal policy held on monday. it came after council members from the private sector said in the meeting that the government's effort to...
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Apr 21, 2013
04/13
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FBC
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deficits in perpetuity. the president looking for easy within on gun control and has be pushing hard for krong to produce. the first major gun control gislation in two decades. but it's up clear what they can get through congress. they have a limit on magazine capacity have no chance of passage. e rest is purely window dressing on an issue that the country takes far more seriously than the president originally estimated. we will take it up tonight with senator ted cruz who emerged on the first year in washington as up with of his party's national leaders. the head of the national rifle association wayne lapierre joins us as well. other stories we're covering, north korean leader kim jong untaking the rhetoric to new highlights, issuing dailyhreat against south korea. fox news military analyst and four-star jep jack keen ways -- general jack keen ways in. >> pat lea herby announcing he will hold a single hear, one hearing on the gang of eight reform legislation next wednesday. we don't know what is it or when
deficits in perpetuity. the president looking for easy within on gun control and has be pushing hard for krong to produce. the first major gun control gislation in two decades. but it's up clear what they can get through congress. they have a limit on magazine capacity have no chance of passage. e rest is purely window dressing on an issue that the country takes far more seriously than the president originally estimated. we will take it up tonight with senator ted cruz who emerged on the first...
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Apr 20, 2013
04/13
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FBC
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it doesn't come close to balancing, deficits in perpetuity. the president looking for easy win on gun control and looking for congress to produce the first major fun control legislation in two decades. but it's unclear what the president can get through congress. they agree there is no chance of passage for limit on magazines and the rest is window dressing on an issue that the country takes more seriously than the president originally estimated. he will take all of that up with ted cruz who emerged on the first year in washington as one of the party's national leaders. wayne lapierre will join us as well. other stories, kim jong un taking his bellicose rhetoric to new heights issuing daily threats against the united states and south korea. fox news military analyst, four-star general jack keane weighs in. >> senate committee pat leahy announcing today he will hold a single hearing, one hearing, on the gang of eight immigration reform legislation. and that will be next wednesday. that despite the fact that we don't know what is in that legisla
it doesn't come close to balancing, deficits in perpetuity. the president looking for easy win on gun control and looking for congress to produce the first major fun control legislation in two decades. but it's unclear what the president can get through congress. they agree there is no chance of passage for limit on magazines and the rest is window dressing on an issue that the country takes more seriously than the president originally estimated. he will take all of that up with ted cruz who...
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Apr 18, 2013
04/13
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KRCB
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finance ministry officials said the trade deficit came to $3.7 billion. exports rose 1.1% from a year earlier in yen terms. that's the first rise in two months. imports rose 5.5%. it rose for a fifth straight month. higher demand for crude oil and liquefied gas was aajor stumble. the dow jones industrial average ended up 14,618. down more than .9 of a percent. for more on how stocks are trading, let's go to ramin at the tokyo stock exchange. seems like we're having a bald week with stocks up and down every day. >> it does seem that way. we had housing data on tuesday that rose and now we see the likes of bank of america and some of the major tech suppliers coming out with weak numbers and forecast this which pulled down the key indexes as well. let's look at how that is translating into the opening levels for today, thursday, april 18th here. both indexes in thenegative. 1347 down one 1% the nikkei. down 1,125 for the topix. the nikkei rebounded on wednesday. the focus today may shift to financial and tech related shares especially as shares of apple fell
finance ministry officials said the trade deficit came to $3.7 billion. exports rose 1.1% from a year earlier in yen terms. that's the first rise in two months. imports rose 5.5%. it rose for a fifth straight month. higher demand for crude oil and liquefied gas was aajor stumble. the dow jones industrial average ended up 14,618. down more than .9 of a percent. for more on how stocks are trading, let's go to ramin at the tokyo stock exchange. seems like we're having a bald week with stocks up...
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Apr 19, 2013
04/13
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CSPAN2
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it drives the sided search for a piece deficit that i don't think exists. we went to that in the '90s. to undermine the readiness and capabilities to get the arsenal and they are expanding. we should be expanding hours. but to have a significant impact of the capabilities to reach the intelligence community just in time when we need it the most. to be asked about the effects of sequestration of the intelligence community and i have quoted you several times on this and it is very profound. olmec we're cutting real capability and accepting greater risk for intelligence shorter hours for public parks or longer lines at the airports for intelligence it is insidious. the capability you don't know about that until you notice that. you'll notice ny when we have the same" end quote. and i think that is the belief and the reasonthat is in the military is super bear to deal with threats around the world has the intelligence community uses capability.we are making us lese and i look to our witnesses how the current budget cuts accurately assess these threats especiall
it drives the sided search for a piece deficit that i don't think exists. we went to that in the '90s. to undermine the readiness and capabilities to get the arsenal and they are expanding. we should be expanding hours. but to have a significant impact of the capabilities to reach the intelligence community just in time when we need it the most. to be asked about the effects of sequestration of the intelligence community and i have quoted you several times on this and it is very profound. olmec...
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Apr 24, 2013
04/13
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CNBC
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target, the government will not waste this time and try to keep the deficit under control. kelly, over to you. >> do you wear suits from -- >> sorry? no, it's not. >> good looking suit. joining us from madrid. we'll hear more about that on friday. i bring this up because luxury brands have been under pressure amid slower growth in china. there are reasons for companies to stay upbeat. >> it is it stylish, sleek and highly sought after. luxury goods the envy of fashionistas all around the world from the streets of milan to beijing, luxury fashion is still in demand. as europe remains in the doldrums and there are signs of slowing, it begs the question how much longer can it last? in sidney this week, an italian label believes there are growth opportunities in the world's second largest economy. >> i think that we were used to double digit growth and now we have to be ready for slower growth. i do believe there is growth to look for in china. we are in approximately 35 cities and there are at least double of the cities that we can go in the next couple of years. >> the compan
target, the government will not waste this time and try to keep the deficit under control. kelly, over to you. >> do you wear suits from -- >> sorry? no, it's not. >> good looking suit. joining us from madrid. we'll hear more about that on friday. i bring this up because luxury brands have been under pressure amid slower growth in china. there are reasons for companies to stay upbeat. >> it is it stylish, sleek and highly sought after. luxury goods the envy of...
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Apr 16, 2013
04/13
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WRC
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reduction policies like the ones we are proposing. >> the proposal includes $1.8 trillion in deficit reduction over the next ten years. tax increases for the wealthy and raising the minimum wage to $9 an hour. lew will testify before the senate budget committee at 3:00 this afternoon. >>> maryland governor martin o'malley's trip to the super bowl was an expensive one. according to "the baltimore sun" maryland's state police spent more than $5600 on o'malley's trip to north koreans to cheering on the ravens. money was spent on airfare, meals, vehicles, hotel rooms, and overtime. o'malyes has a taxpayer funded sky box at the stadium giving him access to eight super bowl tickets. he and his wife paid for their tickets using personal funds. the others will sold at face value to top aides and the city delegates. >>> our time is 11:49. coming up, a musical tribute to tilds. >> storm team 4 meteorologist tom kierein will be back with another check of warmer forecast. >>> we have a very special trio in the studio headed to venezuela and brazil this week to share their heritage and talent. th
reduction policies like the ones we are proposing. >> the proposal includes $1.8 trillion in deficit reduction over the next ten years. tax increases for the wealthy and raising the minimum wage to $9 an hour. lew will testify before the senate budget committee at 3:00 this afternoon. >>> maryland governor martin o'malley's trip to the super bowl was an expensive one. according to "the baltimore sun" maryland's state police spent more than $5600 on o'malley's trip to...
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Apr 24, 2013
04/13
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but with regards to deficits, adding to the deficit and the debt, this current budget being proposed by the president 40 ually -- deficit of $7 billion and still a big number about half of what it was in the depths of the great recession. it gives us an opportunity to control the debt relative to the size of the economy and we have new economic growth numbers out a couple of days ago that showed 3% g.d.p. that is good news. but the economy is in recovery and still have a ways to go and never give up on trying to improve the economy and reduce the deficit. host: thank you for talking to our viewers this morning. appreciate it. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] >> the f.b.i. briefed the house intelligence committee about the boston marathon bombings. intelligence committee member adam schiff joins us to discuss the terror attack in boston. congressman steve king on the boston bombing and efforts to change the nation's immigration laws and more about immigration and how refugees can gain asylum in the u.s. "w
but with regards to deficits, adding to the deficit and the debt, this current budget being proposed by the president 40 ually -- deficit of $7 billion and still a big number about half of what it was in the depths of the great recession. it gives us an opportunity to control the debt relative to the size of the economy and we have new economic growth numbers out a couple of days ago that showed 3% g.d.p. that is good news. but the economy is in recovery and still have a ways to go and never...
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Apr 16, 2013
04/13
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WJLA
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if we go back to january, our deficit is about 2.5 inches for rainfall. i don't think we will get much today. a cold front across the great lakes will be headed our way tomorrow to bring a chance of a few showers. if you are traveling today, the rough spots will be south of chicago, indianapolis, cincinnati, showers and thunderstorms in the lower mississippi valley. forthere could be delays in new york city. temperatures are in the mid 50's hearing this hour. we will make it into the 70 this afternoon. that the latest. time to see what the croats are doing, jamee. >> busy on the b-w parkway. the beltway lanes are open. virginia 95, lanes are open through stafford and the beltway. newschopper 7 is over northbound b-w parkway still dealing with a crash. tow truck has just arrived. seeing some progress. if you are. leading the beltway, stop and are. you might want to consider interstate 95, running without delay between laurel and the beltway. again, this is the b-w parkway northbound. southbound is open without delay. back to you. >> thank you. that's a goo
if we go back to january, our deficit is about 2.5 inches for rainfall. i don't think we will get much today. a cold front across the great lakes will be headed our way tomorrow to bring a chance of a few showers. if you are traveling today, the rough spots will be south of chicago, indianapolis, cincinnati, showers and thunderstorms in the lower mississippi valley. forthere could be delays in new york city. temperatures are in the mid 50's hearing this hour. we will make it into the 70 this...
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Apr 16, 2013
04/13
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these cuts are part of a balanced budget of deficit reduction. these cuts are backloaded, occurring mainly in the years beyond f.y. 2018, which gives the department time to plan and implement the reductions wisely and responsibly, anchored by the president's defense strategic guidance. let me turn to the details of the president's budget request. $526.6 billion budget request addresses the compelling demands of supporting troops in afghanistan, protecting readiness, modernizing the military's weapons inventory and in keeping with the president's strategic guidance and sustaining the quality of the all-volunteer force. today's budget request contains a placeholder request, mr. chairman, for overseas contingency at the f.y. 2013 vel, and the submission does not include a formal request because afghanistan force levels and deployment decisions for this year were delayed in order to provide commanders enough time to fully assess requirements. we will be smithing a budget with the -- submitting a budget and account level detail. the base budget contin
these cuts are part of a balanced budget of deficit reduction. these cuts are backloaded, occurring mainly in the years beyond f.y. 2018, which gives the department time to plan and implement the reductions wisely and responsibly, anchored by the president's defense strategic guidance. let me turn to the details of the president's budget request. $526.6 billion budget request addresses the compelling demands of supporting troops in afghanistan, protecting readiness, modernizing the military's...
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Apr 18, 2013
04/13
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i have a record of wanting to do deficit reduction. we are grappling with these at the stateoo department. as part of the budget, we will help cut our deficit responsibly while investing in areas that attract economic growth and create jobs for americans and secure our national interest. budget request of represents a six percent reduction from 2012 fudnding levels. we have examined our request with a clear determination to improve efficiency. given limited reforms and reduce costs -- we have implemented reforms and reduce cost. we deliver the maximum bang for the minimal manager of our citizens dollars. about one penny for our national security and global interests out of every dollar. you may give you examples of the kind of work you're doing to make the world safer. with just over $3.5 million, the bureau conflict and stabilization operations made investments leading up to the recent elections in kenya. i know that helped to prevent a repeat of the violence we saw five years ago it also provided accountability to concededodingd odin
i have a record of wanting to do deficit reduction. we are grappling with these at the stateoo department. as part of the budget, we will help cut our deficit responsibly while investing in areas that attract economic growth and create jobs for americans and secure our national interest. budget request of represents a six percent reduction from 2012 fudnding levels. we have examined our request with a clear determination to improve efficiency. given limited reforms and reduce costs -- we have...
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Apr 23, 2013
04/13
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CNBC
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so the country will have a bit more time to reduce its public deficit. then it will be able to implement some growth incentive measures. that's the reason why the stock market is doing well and that's the reason why we've seen yesterday the bond market failing to the lowest level in 2 1/2 years, despite the report from eurostadt saying spain last year had the highest deficit in europe and the latest announcement from the bank of spain in terms of economic growth. >> stephane, by the way, if you could order pizza through your television -- i've seen that television, it's pretty big -- would you? >> sorry, if i could order pizza? >> yes. through your television. would you be interested? >> well, i have reached an age i can't afford -- i can't eat pizza. but, you know, one piece brings probably two hours, three hours at the gym. >> not worth it. that might tie in nicely with what's going on in our next story. stephane, thank you very much. pizza and video games may now be going hand in hand. in fact, it might be the perfect food to chow down on while you're
so the country will have a bit more time to reduce its public deficit. then it will be able to implement some growth incentive measures. that's the reason why the stock market is doing well and that's the reason why we've seen yesterday the bond market failing to the lowest level in 2 1/2 years, despite the report from eurostadt saying spain last year had the highest deficit in europe and the latest announcement from the bank of spain in terms of economic growth. >> stephane, by the way,...
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Apr 22, 2013
04/13
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immigration and more immigration makes us a richer country not a poor country and ofps out on questions deficits and economic growth. from a center-right perspective and one of the groups with talk to in law enforcement as you go state to state, the austin chief of police is a big advocate of comprehensive -- when we were in indianapolis, same thing. we always talk to our police officers and to the guys with badges as well as the business community and religious community. thank you and thank you mr. chairman. around.l do the last i know it has been a long day for the witnesses. when the fbi was investigating travel, he did not find his trip to russia. they typed in his name incorrectly. our bill requires that travel exit data be base by swiping the passport. we are making sure it is machine-readable on exit. dhs says this would have helped the fbi in this case. do you agree? >> yes. absolutely. >> good. one example of many where we are tightening things up. that would have been relevant. now, i mentioned this to your previous witness from your group. i guess you are the second witness. you folk
immigration and more immigration makes us a richer country not a poor country and ofps out on questions deficits and economic growth. from a center-right perspective and one of the groups with talk to in law enforcement as you go state to state, the austin chief of police is a big advocate of comprehensive -- when we were in indianapolis, same thing. we always talk to our police officers and to the guys with badges as well as the business community and religious community. thank you and thank...
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Apr 16, 2013
04/13
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by almost 2% because the country is a big importer for both commodities and a lower current account deficit will leave the rbi more room to cut interest rates. back to you. >> sixuan, thank you very much indeed for that. lower oil and gold boosting the inn market. >> precisely and significantly. there wasn't much else throwing life into the market. >> there's always a different correlation somewhere. >> a silver lining? maybe. >>> the dow s&p 500 and nasdaq tumbled to their lowest levels yesterday since november. joining us now, gina sanchez. welcome. >> hi. >> so is this it, is this a buying opportunity? do you look at all the declines that we've seen and decide that this is now a pivot point? >> well, i've been calling for consolidation sometime, you know, generally around april is when you start to see a consolidation and then you sell in may and go away. i actually think that is probably going to be what it's going to work out to. obviously, we're getting the signals that have been driving some of this consolidation have been growth. obviously, the bad news at the end of the day with wh
by almost 2% because the country is a big importer for both commodities and a lower current account deficit will leave the rbi more room to cut interest rates. back to you. >> sixuan, thank you very much indeed for that. lower oil and gold boosting the inn market. >> precisely and significantly. there wasn't much else throwing life into the market. >> there's always a different correlation somewhere. >> a silver lining? maybe. >>> the dow s&p 500 and nasdaq...
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Apr 17, 2013
04/13
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CSPAN
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raisingle sort of taxes, revenues, don't worry about deficits. she was the housewife adding up the public book in her handbook -- and her handbags. she was much more cautious than reagan and economic policies. host: republican caller. caller: i'm from manchester, england. i grew up in los angeles. but i frequently visit my relatives in england during -- in englad. -- in england. in the early 1980's him i was talking to my cousins, and they really hated margaret thatcher because they thought she was a direct threat to their own livelihood. they were prounion, labour party, and they believed thatcher was going to take away their jobs, their home, their education. , and there two years ago the same cousins still hate thatcher. they blame her for all of england's economic woes, the breakup of the uk. that if it feel wasn't for the government, for socialism, they would have nothing. these people are physicians and actuaries, they are well educated. came from working classes in manchester. they cannot seem to pull away from the belief that if it wasn't
raisingle sort of taxes, revenues, don't worry about deficits. she was the housewife adding up the public book in her handbook -- and her handbags. she was much more cautious than reagan and economic policies. host: republican caller. caller: i'm from manchester, england. i grew up in los angeles. but i frequently visit my relatives in england during -- in englad. -- in england. in the early 1980's him i was talking to my cousins, and they really hated margaret thatcher because they thought she...
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Apr 16, 2013
04/13
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FBC
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targeted temporary policies, have an infrastructure, a tax credit, spend, don't worry about deficits. you know, have a plan for tax reform, the spending programs, ensure the debt's not going to explode. be cognizant regulations have benefits, but costly as well, and just say we're committed to growing over the long term, not for this month or in this bill, not when we think of it between other events. have that commitment. >> douglas holtz-eakin, thank you. >> thank you. >> doug has a long term plan, that's for sure. >> breaking news with boeing. the head. faa says they completed all tests and analysis of the redesigned 787 batteries. they hoped to get the commercial fleet back in the air this month. that seems to be, if accurate, seems to be a step in the right direction. >> we'll see. breaking news now in oil, closing up one penny at $88.72 a barrel. today's slight gain snaps a three day slide for oil. >> gold rebounds from the biggest one-day drop in more than three decades. is now the time to get in or get out? we got the answer. >> as we do every day at this time of the day, look
targeted temporary policies, have an infrastructure, a tax credit, spend, don't worry about deficits. you know, have a plan for tax reform, the spending programs, ensure the debt's not going to explode. be cognizant regulations have benefits, but costly as well, and just say we're committed to growing over the long term, not for this month or in this bill, not when we think of it between other events. have that commitment. >> douglas holtz-eakin, thank you. >> thank you. >>...
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Apr 17, 2013
04/13
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CNBC
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low yields make pension deficits worse and make corporates less likely to invest. they backed themselves into a corner here. >> what's your take? >> i do think that qe has helped the economy over the past four years. our own view is you get diminishing returns to each slug of qe as you go along. we suspect in due course that we'll get another expansion of asset purchases which at the margin may help and there may be psychological boost to markets but the other things to watch out for are the success or otherwise of bank of england's funding for lending scheme which we're relatively hopeful will help to expand the supply of mortgage credit. >> it doesn't seem like it's done much frankly. >> it's a slow burn. the last couple of months of data have been disappointing but through the back end of the second half of last year what we saw was a steady increase in mortgage approvals and that's helpful. the other thing to watch out for is what's happening to the small business sector. we have been calling for some sort of government if not bank of england action to help cha
low yields make pension deficits worse and make corporates less likely to invest. they backed themselves into a corner here. >> what's your take? >> i do think that qe has helped the economy over the past four years. our own view is you get diminishing returns to each slug of qe as you go along. we suspect in due course that we'll get another expansion of asset purchases which at the margin may help and there may be psychological boost to markets but the other things to watch out...
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Apr 24, 2013
04/13
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jobs deficit. it's time for a vote on a serious jobs bill, our mantra here in congress should be jobs, jobs, jobs. the speaker pro tempore: the gentlelady yields back the balance of her time. for what purpose does the gentlelady from the virgin islands seek recognition? the gentlelady is recognized for one minute. mrs. christensen: thank you, mr. speaker. two weeks ago i came to the floor to congratulate virgin islands rocky kevin crigger on his win and qualifying for the kentucky -- he yment. he will be riding golden sense. since then another virgin island stocky has also qualified. they are making history in the entire virgin islands is gearing up to cheer widely for them on may 4 as they make a run for the roses. another virgin islander is an assistant trainer for derby-bound horse it's my lucky day. as a person who grew up in a horse racing family and who has always followed the sport, i could not be prouder to see my young men riding an training in such a prestigious event and i hope to be the
jobs deficit. it's time for a vote on a serious jobs bill, our mantra here in congress should be jobs, jobs, jobs. the speaker pro tempore: the gentlelady yields back the balance of her time. for what purpose does the gentlelady from the virgin islands seek recognition? the gentlelady is recognized for one minute. mrs. christensen: thank you, mr. speaker. two weeks ago i came to the floor to congratulate virgin islands rocky kevin crigger on his win and qualifying for the kentucky -- he yment....
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Apr 18, 2013
04/13
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spending on personnel, goods, services and other current spending, allowing the country to meet its 5.5% deficit target for 2013. this follows parliament voting down other measures, throwing the country's needed fund-raising into doubt and raising concern more broadly about the eurozone. but now it looks as though spending cuts compensate for the austerity measures that were rejected by the court are going forward. so perhaps providing some relief to those worried that this would throw the eurozone's progress into doubt. not a major move on the back of that news. >>> straight ahead on "worldwide exchange," uk retail sales figures for march will hit the tape in just a couple minutes' time. we'll break down those numbers for you live. >>> plus, strong first quarter results. can they maintain their edge? >>> welcome back tos with was. these are your headlines. stocks in europe recovering from the worst day in nine months. performance from basic resources amid concern about declining commodity prices spp fear of falling demand for iphones and ipads is veding to asia where shares of apple suppliers i
spending on personnel, goods, services and other current spending, allowing the country to meet its 5.5% deficit target for 2013. this follows parliament voting down other measures, throwing the country's needed fund-raising into doubt and raising concern more broadly about the eurozone. but now it looks as though spending cuts compensate for the austerity measures that were rejected by the court are going forward. so perhaps providing some relief to those worried that this would throw the...
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Apr 22, 2013
04/13
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these cuts are part of a balanced package of deficit reduction. unlike sequester, these cuts are largely back-loaded -- occurring mainly in the years beyond fy 2018 -- which gives the department time to plan and implement the reductions wisely, and responsibly, anchored by the president's defense strategic guidance. the president's fy 2014 request continues to balance the compelling demands of supporting troops still very much at war in afghanistan, protecting readiness, modernizing the military's aging weapons inventory in keeping with the president's strategic guidance, and sustaining the quality of the all-volunteer force. the top-line budget request of $526.6 billion for fy 2014 is essentially flat compared to the president's request for fy 2013, and roughly in line with what both the house and senate have passed in their fy 2014 budget resolutions. today's budget request also contains a placeholder request for overseas contingency operations (oco) at the fy 2013 level ($88.5 billion). the submission does not include a formal oco request becau
these cuts are part of a balanced package of deficit reduction. unlike sequester, these cuts are largely back-loaded -- occurring mainly in the years beyond fy 2018 -- which gives the department time to plan and implement the reductions wisely, and responsibly, anchored by the president's defense strategic guidance. the president's fy 2014 request continues to balance the compelling demands of supporting troops still very much at war in afghanistan, protecting readiness, modernizing the...